NEW LEADERS INC Charity Report

Public IRS 990 nonprofit record

NEW LEADERS INC

EIN 04-3519203 · Student Services (B80)

What they do

NEW LEADERS DEVELOPS TRANSFORMATIONAL SCHOOL LEADERS and ADVANCES POLICIES and PRACTICES THAT ENSURE HIGH ACADEMIC ACHIEVEMENT for ALL CHILDREN - ESPECIALLY for STUDENTS FROM UNDER-RESOURCED COMMUNITIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

81.48%of revenue went to mission work76.7% of expenses · Program services

7.42%of revenue went to fundraising7.0% of expenses

$106.19spent for every $100 of revenueSpending was higher than revenue this year.

17.28%of revenue went to management and office costs16.3% of expenses

$1.58in assets for every $1 spent this yearSome assets cannot be spent right away.

74.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,358,189 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $673,868 for JEAN DESRAVINES (CEO & BOARD MEMBER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$21,939,809

Mission workProgram services$17,876,88881.48% of revenue76.7% of expenses

ManagementOffice and general costs$3,792,27717.28% of revenue16.3% of expenses

FundraisingAsking for donations$1,628,8337.42% of revenue7.0% of expenses

Total expenses$23,297,998106.19% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 76.7% mission · 16.3% management · 7.0% fundraisingTotal expenses: 106.19% of revenue

2023Expense mix: 78.3% mission · 17.9% management · 3.9% fundraisingTotal expenses: 133.37% of revenue

2022Expense mix: 74.1% mission · 20.8% management · 5.0% fundraisingTotal expenses: 135.62% of revenue

2021Expense mix: 69.3% mission · 24.6% management · 6.1% fundraisingTotal expenses: 57.94% of revenue

2020Expense mix: 66.1% mission · 27.3% management · 6.6% fundraisingTotal expenses: 128.75% of revenue

2019Expense mix: 67.0% mission · 27.6% management · 5.4% fundraisingTotal expenses: 89.67% of revenue

2018Expense mix: 73.0% mission · 20.0% management · 7.0% fundraisingTotal expenses: 87.91% of revenue

2017Expense mix: 74.4% mission · 19.2% management · 6.4% fundraisingTotal expenses: 102.97% of revenue

Money in and money out

Revenue$21,939,809

Expenses$23,297,998

Annual shortfall $1,358,189 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$17,876,888 · 76.7% of expenses

Management and office costs$3,792,277 · 16.3% of expenses

Fundraising$1,628,833 · 7.0% of expenses

See all reported dollar amounts

Revenue$21,939,809

Expenses$23,297,998

Assets$36,841,193

Income$21,939,809

Contributions$16,295,675

Mission work (program services)$17,876,888

Fundraising$1,628,833

Grants given$4,041,411

Average grant$577,344

Management and general$3,792,277

Executive compensation (total)$1,662,887

Stocks and bonds$11,021,077

Accounting fees$87,210

Investing fees$30,000

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JEAN DESRAVINESCEO & BOARD MEMBER · 50 hrs/week $673,868Base $642,126 · Other $31,742

JOHN JENKINSCHIEF PROGRAM & IMPL. OFFICER · 40 hrs/week $378,991Base $347,249 · Other $31,742

LAURA KADETSKYCHIEF ADMIN/GEN.COUNL/SEC/INT.TREAS. · 40 hrs/week $378,427Base $349,937 · Other $28,490

TARYN WATERSCHIEF EXT.RELATIONS OFFICER · 40 hrs/week $358,586Base $327,373 · Other $31,213

DENISE CORBETT DENNISCHIEF NATL ASPIRING PRIN.OFF. · 40 hrs/week $328,681Base $300,648 · Other $28,033

MIATA FULLERCHIEF OF STAFF & ORG. DEV. OFF. · 40 hrs/week $323,599Base $293,405 · Other $30,194

ALEXANDER ELSONEXEC. DIR., K-12 PARTNERSHIPS · 40 hrs/week $290,576Base $261,344 · Other $29,232

MICHELLE PIERRE-FARIDFORMER KEY EMPLOYEE · 40 hrs/week $267,217Base $238,665 · Other $28,552

RICK CUSICKDEP. CHIEF OFF/TECH (END 11/24) · 40 hrs/week $260,502Base $235,757 · Other $24,745

MARIA ESPONDA-MEDINANATL.SR.EXEC.DIR,EXEMPLAR SITES · 40 hrs/week $256,345Base $228,364 · Other $27,981

KRISTA LEWIS-JOHNSONDEP. CHIEF OFF,ACCEL.&PROF.LEARN.SVC · 40 hrs/week $243,924Base $216,050 · Other $27,874

MICHELE CARACAPPACHIEF PROG.OFF/SR.ADV. (END 06/24) · 40 hrs/week $187,701Base $173,210 · Other $14,491

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

JEAN DESRAVINESCEO & BOARD MEMBER

JOHN JENKINSCHIEF PROGRAM & IMPL. OFFICER

LAURA KADETSKYCHIEF ADMIN/GEN.COUNL/SEC/INT.TREAS.

TARYN WATERSCHIEF EXT.RELATIONS OFFICER

DENISE CORBETT DENNISCHIEF NATL ASPIRING PRIN.OFF.

MIATA FULLERCHIEF OF STAFF & ORG. DEV. OFF.

ALEXANDER ELSONEXEC. DIR., K-12 PARTNERSHIPS

MICHELLE PIERRE-FARIDFORMER KEY EMPLOYEE

RICK CUSICKDEP. CHIEF OFF/TECH (END 11/24)

MARIA ESPONDA-MEDINANATL.SR.EXEC.DIR,EXEMPLAR SITES

KRISTA LEWIS-JOHNSONDEP. CHIEF OFF,ACCEL.&PROF.LEARN.SVC

MICHELE CARACAPPACHIEF PROG.OFF/SR.ADV. (END 06/24)

SONIA BEATTYSR. ADVISOR TO THE CEO

TED COLBERTBOARD CHAIR

TRIPP JONESBOARD MEMBER

ROBERT HERZOGTREASURER (FROM 04/25)

MARTIN LIPPERTBOARD MEMBER

MIKE JOHNSTONBOARD MEMBER

MARK WILKINSBOARD MEMBER

LINNEA ROBERTSBOARD MEMBER

JONATHAN SCHNURBOARD MEMBER

BARBARA HYDEBOARD MEMBER

About this charity

Recognized since: January 2022
Location: 121 W 36TH STREET 308, NEW YORK, NY 10018
County: New York
In care of: LISA HERRING
Primary officer: LISA HERRING, CEO

How to reach them

WebsiteVisit the charity’s website Emailpress@newleaders.org Phone(646) 792-1070

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: GELMAN ROSENBERG & FREEDMAN
NTEE classification: Student Services (B80)
IRS tax category: Student Services
Grant-giving organization: Yes